Next Technology announces 200-for-1 reverse stock split

CHEYENNE, Wyoming - Next Technology Holding Inc. (NASDAQ:NXTT) announced Thursday it will implement a 200-for-1 reverse stock split of its common stock, effective September 16, 2025. The company’s stock, currently trading at $0.36, has experienced significant volatility, trading between $0.13 and $4.80 over the past 52 weeks.

The company’s shares will continue trading on the Nasdaq Capital Market under the same NXTT symbol but will begin trading on a split-adjusted basis when markets open on September 16.

The reverse split will reduce Next Technology’s outstanding shares from approximately 551.6 million to about 2.8 million. No fractional shares will be issued, with any fractional shares resulting from the split being rounded up.

The company noted that the split will not affect the number of authorized shares or the par value of its common stock. Shareholders holding shares electronically in brokerage accounts or in book-entry form with the transfer agent will not need to take any action, as the effect will be automatically reflected in their accounts.

Next Technology describes itself as a technology company with a "dual-engine strategy" focused on AI and digital assets. The firm provides AI-enabled software development services to industrial clients across the Asia-Pacific region while also pursuing strategic Bitcoin acquisition.

The announcement was made in a company press release statement. Next Technology Holding Inc. did not specify the reasons behind the reverse stock split decision. Trading at 0.18 times book value, InvestingPro analysis indicates the stock is currently trading above its Fair Value.

In other recent news, Next Technology Holding Inc. has completed a registered direct offering, raising approximately $9 million through the sale of 60 million shares of common stock. The transaction was facilitated by Univest Securities, LLC. Additionally, the company has announced a new dividend policy, committing to distribute at least 80% of its profits to shareholders. This decision follows a reported Q2 2025 net income of $312 million, potentially leading to annualized dividend payments exceeding $250 million based on current performance levels. However, challenges loom as Nasdaq has notified Next Technology Holding of a potential delisting. The notice was based on the company’s filings, which revealed a lack of operations and no revenue generation in 2025. The company had also ended all operations in China and dissolved its subsidiary there in 2024. These recent developments are crucial for investors to consider.

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